State the meaning of public-private partnership.

Public-private partnership is a type of enterprise in which a project is operated through a partnership of the government and a private enterprise. Its features are mentioned below:

a. Facilitates a healthy partnership between both the sectors.


b. These projects are considered of the highest priority.


c. This type of partnership is suitable for projects which are capital intensive and belong to the heavy industries.


d. The revenue is shared between both the sectors on the basis of a pre-decided ratio.


e. For example, the Delhi Metro Railway Corporation.


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